Hello,
I am a newcomer to the DR ... sort of. My mom is Dominican and has lived in Santo Domingo since she retired in 2002. I lived here for a year in 2003 and was fortunate enough to buy an apartment during the Hippo Baninter crisis. It is now paid for and is located in La Julia. It is not luxurious but middle class, probably a step or two down from our house in Florida. Here is our situation, we have a new baby and my wife is looking at having to go to work leaving our baby in day care. I have income from an investment here in the states that gives me 1200 a month. I also have a standing job offer in Santo Domingo at 45 k pesos. I have enough money to buy a car furniture etc and get set up....
When I talk to my cousins here they say that things would be tight financially living mortgage free on that type of income. On our visits I think that we could get by on that ... less of a house than in florida but with domestic help making up for that. A bit of a trade off....
I think we could get by on that type of income ... what are your thoughts? We are not running from anything back home, its just the opportunity to simplify a bit and have her be able to stay at home for a few years with our baby. We both speak Spanish and have visited the DR frequently. Any suggestions or points of view would be welcome. The wealthy side of the family says it will be tight, some of the poorer cousins who live in La Vega say that we could live well. I am more American than Dominican so thoughts from foreigners ( which I basically am) would be welcome.
I am a newcomer to the DR ... sort of. My mom is Dominican and has lived in Santo Domingo since she retired in 2002. I lived here for a year in 2003 and was fortunate enough to buy an apartment during the Hippo Baninter crisis. It is now paid for and is located in La Julia. It is not luxurious but middle class, probably a step or two down from our house in Florida. Here is our situation, we have a new baby and my wife is looking at having to go to work leaving our baby in day care. I have income from an investment here in the states that gives me 1200 a month. I also have a standing job offer in Santo Domingo at 45 k pesos. I have enough money to buy a car furniture etc and get set up....
When I talk to my cousins here they say that things would be tight financially living mortgage free on that type of income. On our visits I think that we could get by on that ... less of a house than in florida but with domestic help making up for that. A bit of a trade off....
I think we could get by on that type of income ... what are your thoughts? We are not running from anything back home, its just the opportunity to simplify a bit and have her be able to stay at home for a few years with our baby. We both speak Spanish and have visited the DR frequently. Any suggestions or points of view would be welcome. The wealthy side of the family says it will be tight, some of the poorer cousins who live in La Vega say that we could live well. I am more American than Dominican so thoughts from foreigners ( which I basically am) would be welcome.